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Chandler Municipal Airport to Add 29 Executive Hangars by 2028
Chandler City Council approved a lease with Vesper Aviation for new executive hangars, addressing long waitlists and boosting local aviation infrastructure.
The gist
Chandler Municipal Airport greenlights 29 new executive hangars to meet growing demand, with completion expected in 2028.
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The Chandler City Council unanimously approved a major development at Chandler Municipal Airport, greenlighting a ground lease for 29 new executive hangars slated for completion by 2028. The deal with Vesper Aviation’s subsidiary CHD Curtis East LLC allows development on nearly five acres of undeveloped land along the airport’s northern boundary. This project is designed to relieve the ongoing aircraft storage shortage that has plagued the airport for years, offering new facilities for sale or lease to general and business aviation operators.
Set to spread across 113,124 square feet, the planned hangars will be housed in four buildings featuring a range of sizes to accommodate various aircraft types. Standard hangars measuring approximately 2,750 square feet will target owners of piston-engine aircraft and very light jets, while larger units exceeding 7,600 square feet will cater to turboprops and business jets. This variety aims to support Chandler’s diverse aviation clientele, addressing needs from small personal planes to large corporate aircraft.
The lease agreement runs for 30 years, with an option to extend for an additional decade, and stipulates that Vesper Aviation must complete at least 16 hangars within the first two years after the agreement takes effect. This aggressive timeline reflects the city’s intent to rapidly increase available aircraft storage capacity to meet increasing demand. Consequently, the full hangar development is anticipated to be operational by 2028, significantly expanding Chandler Municipal Airport’s facilities.
Aircraft storage has been a longstanding challenge at Chandler Municipal Airport, which currently reports 100% occupancy of city-owned hangars and covered tiedowns. The city’s published waiting list includes applicants dating back to 2013, illustrating persistent demand growth over more than a decade. In addition, over 125 privately owned hangars exist on airport grounds, though availability is intermittent and does not fully satisfy regional needs.
Ryan Reeves, the airport manager, emphasized the chronic imbalance between demand and supply, noting that aircraft storage in the surrounding East Valley has outpaced available facilities for decades. Reeves highlighted that the partnership with Vesper Aviation will bring advanced, world-class infrastructure directly within Chandler, reinforcing its status as a regional hub for general and business aviation.
The new hangar project also benefits the city financially. The agreement specifies that Chandler will receive 1% of the sale price whenever a hangar changes ownership or whenever a long-term prepaid rental agreement is finalized. This revenue stream ensures ongoing municipal returns from facilitating enhanced aviation infrastructure, supporting the airport’s operational and maintenance budgetary needs.
Vesper Aviation is already accepting pre-lease and pre-purchase inquiries, signaling strong market interest and advancing the project's momentum. The anticipated availability of modern hangars designed to accommodate a wide range of aircraft sizes will attract pilots and businesses seeking premium storage options. This addition is likely to bolster the regional economy by supporting aviation-related commerce, service providers, and business aviation activity.
Chandler Municipal Airport’s expansion initiative aligns with broader trends in growing demand for general aviation infrastructure nationally. As business aviation and recreational flying continue to increase, airports like Chandler face pressure to provide sufficient storage and operational facilities. This project represents a targeted, proactive investment to keep pace with evolving market requirements while enhancing the airport’s competitive position in the Greater Phoenix area.
Frequently asked questions
- What is the scope of the new hangar development at Chandler Municipal Airport?
- The project includes 29 executive hangars totaling 113,124 square feet across four buildings on about 4.8 acres, accommodating piston aircraft to business jets.
- When is the new hangar development expected to be completed?
- The full development is expected to open in 2028, with at least 16 hangars required to be completed within 24 months of the lease taking effect.
- How does the City of Chandler benefit financially from the new hangar project?
- The city receives 1% of the sale price upon hangar ownership changes and from long-term prepaid rental agreements, providing ongoing revenue from the development.
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